Off Topic The Politics Thread

  • Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
  • Log in now to remove adverts - no adverts at all to registered members!

Should the UK remain a part of the EU or leave?

  • Stay in

    Votes: 56 47.9%
  • Get out

    Votes: 61 52.1%

  • Total voters
    117
  • Poll closed .
Matthew Lynn
Ireland’s low-tax miracle is over
2 May 2021, 10:04pm
You must log in or register to see images

For a generation, Ireland has had the lowest corporate tax rate in the developed world. (Photo by PAUL FAITH/AFP via Getty Images)
Text settings
CommentsShare
Okay, in fairness it might be the weather. Or the craic in the bars. Or the rugged coastline, golf courses, or the lakes. And yet for all its charms, there was always a far simpler reason why more than a thousand multinational companies have their main European headquarters in Ireland. Tax. For a generation, Ireland has had the lowest corporate tax rate - just 12.5 per cent - in the developed world. Even better, myriad breaks and allowances - in accounting circles the ‘Double Irish’ is not as you might imagine an especially stiff glass of Jameson’s but a fiendishly clever way of re-routing revenues - often take that down even further. The result? Companies from Apple to Google to Pfizer have huge operations in Ireland, creating tens of thousands of jobs, and an economy that is among the most prosperous in the world.

But hold on. It now looks as if Ireland's low-tax miracle is over. First, President Biden, despite getting sentimental of his family's roots in County Mayo whenever he faces an electorate he thinks might celebrate St Patrick’s Day, is proposing a global minimum corporate tax rate of 21 per cent. That won’t make a lot of difference to France (28 per cent), or Germany (30 per cent) or indeed the UK (19 per cent, rising to 25 per cent). But it will make a heck of a big difference to Ireland. In effect, it will have to double its rate. Now the European Union has joined in. According to a report in the Irish Times, the Commission is pushing for the Irish to end its tax breaks as a condition of receiving its share of the money set to be distributed through the €750 billion Coronavirus Rescue Fund.

Raise taxes or you don’t get the cash is the message from Brussels.

"and an economy that is among the most prosperous in the world" - sounds like the author (right wing pro-Brexit Spectator rag) might be a tad jealous. The Spectator - media bias fact check, "editorially, the Spectator is generally eurosceptic in outlook".

Each EU country is entitled to set it's own tax raising policy. On this basis, the EU lost the Apple tax case appeal. If the EU can;t change Ireland's tax policies, Joe Biden has no chance.

Any non-biased articles Kiwi?????????
 
Last edited:
  • Like
Reactions: kiwiqpr
"and an economy that is among the most prosperous in the world" - sounds like the author (right wing pro-Brexit Spectator rag) might be a tad jealous. The Spectator - media bias fact check, "editorially, the Spectator is generally eurosceptic in outlook".

Each EU country is entitled to set it's own tax raising policy. On this basis, the EU lost the Apple tax case appeal. If the EU can;t change Ireland's tax policies, Joe Biden has no chance.

Any non-biased articles Kiwi?????????
bound to be some out there
 
  • Like
Reactions: finglasqpr
there goes another 320 million



You must log in or register to see images


James Melville

You must log in or register to see images

@JamesMelville



Just look at how much money the UK government are tendering out for media buying services for right now...

£322 million of taxpayers money is about to be spaffed away on government advertising. And this perhaps explains why our media doesn’t bite the hand that feeds them.


You must log in or register to see images


You must log in or register to see images

8
 
Rejoice! <laugh>

Do you credit Mark Drakeford and the Welsh Labour party with the success of the vaccination roll-out in Wales?
What an embarrassing/immature set of posts by you Stroller. You let your hatred blind facts. Even Quality had to correct you. Maybe you should sit down and think about reflect on your ridiculous comments.
 
I see Labour are playing political games again (which backfired) Trying to put the government into an awkward position demanding we help out India. Yet another stupid stunt. Sadly for Captain Hindsight India has not asked for any extra vaccines and the government sent 1000 ventilators. Oops <doh> fail.
 
Sorry I’ll never question the leader again.

You must log in or register to see media
Mate keep scrutinising him but talk sense. Boris or the government didn’t kill 127k people. It was a pandemic and sadly people died. Agree mistakes were made which cost extra deaths but they are not responsible for the huge majority of our deaths. I said before between 50-60k died 2014/15 due to flu... is that their fault as well? Why didn’t you blame the government then?I know you are not as stupid as your post
 
Mate keep scrutinising him but talk sense. Boris or the government didn’t kill 127k people. It was a pandemic and sadly people died. Agree mistakes were made which cost extra deaths but they are not responsible for the huge majority of our deaths. I said before between 50-60k died 2014/15 due to flu... is that their fault as well? Why didn’t you blame the government then?I know you are not as stupid as your post

Cameron at the time probably didn’t make a point of speaking publicly about how a nation needed to stand up and fight that flu for economic benefit or sit on his hands with the benefit of time to see other countries being ravaged by flu while prioritising sorting a divorce out.
 

You must log in or register to see images


Jay Beecher

@Jay_Beecher



India has pumped billions into its space programme.
India has the 6th largest economy.
The Indian government is also one of the most corrupt in the world.
But, if you're Femi, that's the fault of Tories living almost 5k miles away.
He'll blame them for the monsoons next.
Quote Tweet


You must log in or register to see images


Femi

You must log in or register to see images

@Femi_Sorry
· May 2
This government chose to cut foreign aid during a pandemic.

And India is a bloodbath.
(as well as other countries)

Please see the connection.[HASHTAG]#NeverVoteConservative[/HASHTAG]
Show this thread
2

He truly is a one eyed idiot.

Why don't people vote Labour....................
 
It was interesting when I went for a beer on Saturday. Firstly it was great to see my friends. The main reason why I went out. I didn’t get to grips with the set up signing in/walking one way and table service with some silly app. Outside 6 to a table and 2-3 on other table all chatting together. I know all of these people and pretty much know their political views.
I expected a few stupid comments a like the ones Watford says, however I didn’t hear anything bad towards the government. A joke about wallpaper and 2 remarks about Starmer being a w222er but every person said the vaccine roll out was superb and all they were interested in was getting back to normality.
For what 1 or 2 say on here is the opposite to what people really think. 1 The vaccine rollout has been superb. 2. People understand that this was a pandemic and are looking forward to getting back on with life.
 
It was interesting when I went for a beer on Saturday. Firstly it was great to see my friends. The main reason why I went out. I didn’t get to grips with the set up signing in/walking one way and table service with some silly app. Outside 6 to a table and 2-3 on other table all chatting together. I know all of these people and pretty much know their political views.
I expected a few stupid comments a like the ones Watford says, however I didn’t hear anything bad towards the government. A joke about wallpaper and 2 remarks about Starmer being a w222er but every person said the vaccine roll out was superb and all they were interested in was getting back to normality.
For what 1 or 2 say on here is the opposite to what people really think. 1 The vaccine rollout has been superb. 2. People understand that this was a pandemic and are looking forward to getting back on with life.

That sounds like a diverse and robust sample.
 
It's really quite simple, things have been done wrong, ie. Late lockdowns, care homes, test & trace fiasco, ppe, schools, flights etc which have resulted in extra infections and dare I say it casualties. Things have been done right including early purchasing of vaccines and a military style vaccination programme which compared to the test & trace actually is world beating. These have hopefully saved us from from having even more infection and casualties. That about sums it up
 
  • Like
Reactions: qprbeth
That sounds like a diverse and robust sample.
Thing is Watford I was right 3 times before regarding outcomes. Don't listen to the rubbish you read in your political bias papers... listen to the real people and how they feel. Today we recorded 1 death while in other places in Europe that is not the case. The government has done a fab job with the vaccine roll out and while a few idiots will try and moan (because they don't like this news) the rest of us are happy and want to return to normality. Starmer had his chance and blew. You keep on moaning but not many are listening.
Well done to the government.